shale oil News

  • Energy policy meltdown: Bush administration and oil shale

    In a potentially disastrous plan that would destroy large tracts of the Rocky Mountain region, the Bush administration has announced its draft regulations for opening 2 million acres of public lands in Wyoming, Colorado, and Utah for commercial oil shale production, according to experts at the Natural Resources Defense Council (NRDC). The following are statements from Amy Mall, the Natural ...

  • Getting shale gas to market

    CNG Services Ltd Managing Director, John Baldwin, was invited to give a presentation on “Getting Shale Gas to Market” at the recent SMi Shale Gas Environmental Summit. The presentation, given on the 23rd May 2012, explained the practicalities and significant advantages of injecting shale gas into the existing high pressure National Gas Transmission System (NTS) in the UK. The ...


    By CNG Services Limited

  • Infocast`s Optimizing Shale Oil & Gas Wells Conference

    Infocast brings the first ever Optimizing Shale Oil & Gas Wells conference from June 27-29, 2011 to the Renaissance Denver Hotel in Denver, CO. This groundbreaking meeting will feature nine real world case studies of cutting-edge completion ...


    By Infocast

  • GHG emissions from shale greater than conventional gas, coal or oil

    Over a 20-year time period, the greenhouse gas (GHG) footprint of shale gas is greater than that of coal, oil or conventional gas, according to a recent study. Methane emissions make up most of this footprint. This suggests that substituting conventional fossil fuels with shale gas may not have the desired effect to mitigate climate warming in the short-term. Global reserves of natural gas ...


    By GLOBE SERIES

  • What Shale Gas in China means for the United States

    Today I testified before the U.S.-China Economic and Security Review Commission during a hearing on China’s Global Quest for Resources and Implications for the United States. In my testimony, I described the prospects for shale gas in China and its implications for the United States. Considering ...

  • Ineos awarded license for onshore oil and gas exploration

    The Department of Energy and Climate Change (DECC) has given the go ahead to major chemicals giant Ineos to take a majority share in an onshore oil and gas licence block in Scotland by taking over BG’s interest (51%). The other licensee, Dart is the operator in the block next to the Firth of Forth. Like the rest of the shale industry, Ineos believe it’s important that the local ...

  • Chris Huhne article on shale gas for the Daily Telegraph

    Two months ago, an unlisted energy company released an initial estimate of UK shale gas reserves. Cue protesters picketing my department, and suggestions that Britain should tear down its wind farms and move the pound to a mythical “shale standard”. As ever, behind lurid headlines lurks a little truth. The announcement by Cuadrilla Reserves that there could be 200 trillion cubic feet ...

  • Major investors warn energy companies of business risks in flaring gas at shale oil wells

    With escalating shale oil production putting the US on track to become the world’s largest oil producer, investors are challenging an increasingly common industry practice – burning off or ‘flaring’ associated natural gas from shale oil wells – as environmentally damaging, economically wasteful and a threat to the industry’s bottom line. “We are concerned ...


    By Ceres

  • New Office to look at community benefits for shale gas projects

    Community benefit from shale gas exploration will be one of the priorities for DECC’s new Office of Unconventional Gas and Oil (OUGO), the Chancellor announced today. OUGO has been created within DECC to promote the safe, responsible and environmentally sound recovery of the UK’s unconventional reserves of gas and oil. Engaging with industry and communities, OUGO will bring forward ...

  • China’s presence grows in unconventional gas and oil markets

    The state-owned China National Petroleum Corp. (CNPC) last month announced  a new joint venture with Encana, Canada"s largest producer of natural gas, to develop some of Encana"s holdings in the Montney and Horn River Shales. These are two of North America"s "Magnificent Seven" shale plays, containing ...


    By Worldwatch Institute

  • Regulating unconventional oil and gas in Alberta

    The Alberta Energy Resources Conservation Board is seeking feedback on a new approach to regulating unconventional resources, such as shale oil and shale gas. The new approach includes requiring early and meaningful stakeholder engagement, minimizing surface impacts, protecting water, and maximizing resource recovery. Albertans have until March 31 to submit feedback to the ERCB. ...


    By GLOBE SERIES

  • New onshore oil and gas blocks to be offered

    A second group of 132 further blocks has been subjected to detailed assessment under the Conservation of Habitats and Species Regulations 2010, the findings of which are now out for consultation. Subject to the outcome of that consultation, ...

  • UK shale gas no “get out of jail free card”

    Exploitation of the UK’s significant shale gas resources is unlikely to result in low natural gas prices, according to new research by leading energy analysts Bloomberg New Energy Finance. The cost of shale gas extraction in the UK is likely to be significantly higher than in the US, and the rate of exploitation insufficient to offset the decline in conventional gas production, meaning ...


    By Bloomberg New Energy Finance

  • Local councils to receive millions in business rates from shale gas developments

    Shale gas: today’s announcement The Prime Minister will announce that councils can keep 100 per cent of business rates they collect from shale gas sites – double the current 50 per cent figure. This commitment could be worth up to £1.7 million a year for a typical site. It will be directly funded by central government. Community benefits for local people ...

  • Government proposals to simplify deep underground access for shale gas and geothermal industries

    The Government is launching a consultation on proposals to simplify the existing procedure for shale gas and oil and deep geothermal underground drilling access. The new proposals would simplify procedures which are costly time-consuming and disproportionate for new methods of underground drilling. Oil, gas and deep geothermal companies will be able to explore their potential, and will in return ...

  • The Changing Market for Crude Oil - How will it affect Canada?

    A few years ago the "Peak Oil" proponents strongly argued that in the near future oil shortages, insecurity of supply and price volatility would destabilize economic, political and social activity. Peak Oil, the point where the highest practicable rate of global oil production has been achieved and from which future levels of production will either plateau, or begin to diminish, would mean the ...


    By GLOBE SERIES

  • Annual U.S. energy outlook shows increased demand for Alberta oil

    The Annual Energy Outlook 2011 released earlier this month by the U.S. Energy Information Administration project a major expasion of shale gas production and increased imports of oil from Alberta's tar sands. The reference gas predicts a world oil price of $125 per barrel in 2009 dollars, a gradual increase in GHG emissions - but not reaching 2005 levels until 2027, and continued dominance of ...


    By GLOBE SERIES

  • Government to remove barriers to onshore oil and gas and deep geothermal exploration

    Now more than ever, the UK needs secure domestic energy supplies. Since 2003, as North Sea Oil has declined, we have become a net importer of oil and gas and are now increasingly dependent on international energy resources. It is essential that we make the most of home-sourced energy and start exploring the natural energy supplies beneath our feet. Our vision for Britain is ...

  • Bush removes executive ban on offshore oil drilling

    President George W. Bush has removed the executive ban on offshore exploration on the Outer Continental Shelf, the OCS, that has stood since his father was in the Oval Office. Speaking in the White House Rose Garden, the president blamed the Democratically-controlled Congress for rising gasoline prices that averaged more than US$4.07 a gallon at the 4th of July holiday weekend. That is 13 cents ...

  • Commission recognises climate impact of unconventional oil in fuel quality directive

    Petrol and diesel made from tar sands, coal, gas and oil shale will be assigned a different carbon footprint than fuels from conventional oil, if a proposal from the Commission is supported by EU member states. After years of lobbying by Canada and some sections of the oil industry, the Commission has stuck to its original plan to assign different values to fuels dependent on their source. The ...

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